31st July 2009
-
Heard on CBC's
World at 6, 2009/07/27, regarding the sale of part of Nortel
to Swedish based Ericsson:
-
"Ericsson will be approaching the Canadian government for
what will likely
be a multi-billion dollar loan to complete the deal. This,
despite
earning a profit of nearly 800 million dollars in just the
last 3 months
of 2008."
Excuse me? A foreign company wants to buy taxpayer-funded Canadian technology and they want the Canadian government to foot the bill.
Are we Canadians stupid or what?
